Money issues

Money affects people in lots of different ways. If you or your family is having money problems, it can cause you a lot of worry. But remember that it’s not your fault – and support is available. 

Financial problems

Lots of families worry about money sometimes. Even though it can be stressful, it’s really important to remember that it’s not your responsibility to fix money problems.

When it comes to your own finances, it makes sense to have good habits for using money. And these good habits will become even more important when you live on your own. Or have your own family to look after.

If you’re worried about money at home, or you’re having trouble with your own money, you can always talk to Childline. You can get support and advice from a counsellor at any time.

5 ways to save money:

  1. find out how to make a budget
  2. decide if buying something is a ‘need’ or just a ‘want’
  3. get a 16-25 Railcard 
  4. sell your old stuff 
  5. look out for discount vouchers.

Money worries at home

Worrying about not having enough money, being in debt or someone losing their job can put a lot of pressure on families. Sometimes it might lead to family arguments and a difficult time at home.

If your family is having money worries, they might have to cut back on the amount of shopping they do. You may get less pocket money than before.

When families argue because of money, it might make you feel that they’re annoyed with you. It’s important to remember that it’s not your fault that your family is having money worries. And it’s not down to you to fix any problems.

If you feel that you can, it’s a good idea to talk to your family. If you don’t feel comfortable with this, you could talk to another trusted adult or a Childline counsellor.

Sometimes, people feel embarrassed to talk about family money worries. But there’s nothing to be ashamed of. Talking can help you feel better about what’s going on.


Managing your money

What you can do

If you have any questions about money worries, you can always talk to a counsellor. Many young people are dealing with money worries or other problems at home.

It can be hard sometimes when money becomes a big issue at home. If you're worried about things, you can get advice and support from other young people who may have similar worries to you on the message boards.